US MARKETS last week
Nasdaq surges 3.8% on Friday. Although Nasdaq is officially in a bear market.
The Dow Jones Industrial Average rose 480 points, or 1.5%, while the S&P 500 gained 2.3%
Most investors and pundits are calling it a bear market rally.
Developments in cryptocurrencies have unsettled Wall Street, with bitcoin falling well below $30,000 and stablecoins like UST struggling to hold their peg.